Page 26 - Us Dollar

Rupee jumps 53 paise to close at one-month high of 78.53 on FII inflows

Persistent foreign fund inflows into capital markets, softening crude oil prices and a weak US dollar in the global markets boosted the local currency.

Gold steadies as lower US treasury yields counter uptick in dollar

Spot gold was flat around $1,771.29 per ounce by 0843 GMT, after hitting its highest since July 5 at $1,780.39 earlier in the session.

Shapoorji Pallonji sells entire stake in Jammu-Udhampur highway to NIIF

Contract for the project, which connects with Mata Vaishno Devi shrine, allowed the firm to collect a semi-annual sum for 20 years

Asian stocks slide with oil on recession jitters; dollar drops against yen

Asia stocks continued a decline from Wall Street, and US long-term Treasury yields sank to a four-month low, pulling dollar down against the yen

Dollar struggles at 6-week lows vs yen as markets ramp up recession bets

LONDON (Reuters) - The U.S. dollar sank to its lowest in more than six weeks versus the Japanese yen on Monday as investors ramped up bets that aggressive Federal Reserve monetary policy would tip the economy into a recession.

World stocks hit 7-week highs, dollar squeezed vs yen amid rate hikes

LONDON/SYDNEY (Reuters) - World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining expectations for hefty interest rate rises, while the dollar slid against the yen as speculators exited suddenly unprofitable short positions.

Rupee rises by 13 paise to 79.11 against US dollar in early trade

The rupee strengthened by 13 paise to 79.11 against the US dollar in opening trade on Monday. Forex traders said the rupee opened stronger as the dollar continued to fall on account of a less aggressive US Fed and falling crude oil prices. At the interbank foreign exchange, the rupee opened at 79.16 against the US dollar and touched 79.11 in initial deals, registering a rise of 13 paise over the last close. In the previous session, the rupee had closed at 79.24 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.14 per cent to 105.75. Global oil benchmark Brent crude futures fell 0.97 per cent to USD 103 per barrel. According to Anil Kumar Bhansali, Head of Treasury, Finrex Treasury Advisors, the rupee is likely to trade in the range of 79 to 79.40. "The market awaits the RBI MPC to give its rate signals on August 5," Bhansali said. On the domestic equity market front, the 30-share Sensex was trading 188.86 p

US dollar wallows near 3-week low on bets for less aggressive Fed

The dollar hung near a three-week low to major peers on Monday as markets continued to wager that the Federal Reserve has less tightening to do with the US economy at risk of recession

Tackle higher cost of foreign education with diligent planning: Experts

When deciding on a college and country, estimate the entire cost and not just the tuition fee and accommodation

Rupee gains vs dollar as weak US GDP data softens Fed rate hike view

Dollar index falls as a contraction in US GDP eases Fed hike fears

Dollar rallies from three-week lows as US data shows pick-up in inflation

NEW YORK/LONDON (Reuters) - The dollar rebounded from a three-week low in choppy trading on Friday, as a round of U.S. economic data suggested that inflation continued its red-hot rise in June, keeping the Federal Reserve on track to raise interest rates as aggressively as it deems necessary.

Rupee rises 45 paise to close at 79.24 against USD amid fresh FPI inflows

The rupee gained 45 paise to close at 79.24 (provisional) against the US dollar on Friday as heavy buying in domestic equities and weakness in the greenback bolstered investor sentiment

World stocks eye best month since late 2020, traders bet on weak US economy

As inflation surges across major markets and central bankers fight to raise rates without killing off growth, riskier markets like stocks have tended to react positively to any softening in sentiment

Yen shoots for best month in years as growth concerns bring US yields down

The Japanese yen headed toward its best month in almost three years as growth worries have driven US yields sharply lower and squeezed speculators out of crowded short yen positions

Rupee at highest in nearly 3 weeks, tracks broad US dollar losses

The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive Fed rate hikes

Oil prices rise on tight supply as attention turns to OPEC+ meeting

Oil prices gained about $1 in early trade on Friday, lifted by supply concerns and a weaker US dollar as attention turns to what OPEC and allies including Russia agree at a meeting next week

Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

Markets perceive Fed as being less hawkish

Rupee rises 26 paise to close at 79.65 against dollar after Fed rate hike

The rupee appreciated 26 paise to close at 79.65 (provisional) against the US dollar on Thursday, tracking a firm trend in the domestic equities. At the interbank forex market, the local unit opened at 79.80 against the greenback and finally settled at 79.65 (provisional), registering a rise of 26 paise over its previous close. During the session, the local unit witnessed an intra-day high of 79.64 and a low of 79.85 against the American currency. On Wednesday, the rupee declined 13 paise to close at 79.91 against the US dollar. The dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.12 per cent at 106.58. Brent crude futures, the global oil benchmark, rose 1.37 per cent to USD 108.08 per barrel. "Rupee traded positive on the back of positive capital markets and negative dollar reaction after Fed's 0.75 bps hike with a data-driven further stance from Fed chair Powell," said Jateen Trivedi, VP Research Analyst at LKP Securities. Tri

Rupee sees biggest daily gain in two months post Fed chief's dovish remarks

MUMBAI (Reuters) -The Indian rupee saw its biggest single-day gain in more than two months on Thursday, tracking strength in most other Asian peers and shares, while bond yields inched lower after comments from U.S. Federal Reserve Chair Jerome Powell.

Rupee, bonds gain on 'less hawkish' policy despite US Fed rate hike

Fed Chair Powell's comments suggest slower pace of hikes going ahead, say markets